Elastio Closes $18M in Series A Funding to Revolutionize Cloud Cyber Recovery

RESTON, Va., June 14, 2023 /PRNewswire/ -- Elastio's unique, cloud native recovery assurance platform bridges the gap between data protection and cybersecurity in the cloud. The solution mitigates the risks left by threats that evade perimeter security tools and the inability of backups to recover due to the presence of ransomware, malware, or corruption. At a time when many organizations are focused on cloud cost optimization, Elastio customers are pleased to note that not only does Elastio improve their security posture, but they are also realizing up to an 80% reduction in storage costs, often rendering the Elastio platform as budget positive in as little as 90 days.